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where the u.s. has now become the world's biggest producer of natural gas prices for gas one third that in europe now we're not going to see a complete replication of that system here in europe but it is coming a bit as is liquefied natural gas so there's going to be considerable pressure put on prices and we've seen that already in as much that is because consumers customers consumers in europe of asking for and getting reductions on prices i think the gazprom has to look at how that side of the business is going to progress rather than concern itself overly with spending more money on south stream all right thank you very much nick pool for that. rather quickly run through the markets traders are selling at the dollar on bad macroeconomic days so we'll get to that as the second model russian ruble at the close of monday's session was losing value against both for the dollar and euro now into equities the stocks in the u.s. are down on news manufacturing contract and in november and lawmakers are s
where the u.s. has now become the world's biggest producer of natural gas prices for gas one third that in europe now we're not going to see a complete replication of that system here in europe but it is coming a bit as is liquefied natural gas so there's going to be considerable pressure put on prices and we've seen that already in as much that is because consumers customers consumers in europe of asking for and getting reductions on prices i think the gazprom has to look at how that side of...
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energies energy sources so-called fracking and they you can see it put huge pressure on gas prices u.s. prices for gas and one third of those in europe now it's not the case that this is going to be replicated exactly in europe however it is coming it is going to put more pressure on european prices we've already seen gas problems customers here. demanding really price cuts and in many cases getting them and i think that's probably going to face more of that in the future long before it actually turns around a price stock picking up again all right nick paul thank you very much for that let's go quickly through the markets traders are selling the on the bad macroeconomic dates i'll get to that in just a second on the russian ruble if they speak losing money as you can see that against both currencies on saturday now as stocks in the u.s. are down this hour on news manufacturing contracted in november as lawmakers are still mulling a way around the so-called fiscal cliff and it was a rather quiet day of trading in the year of power the results more. than in the united states we're seein
energies energy sources so-called fracking and they you can see it put huge pressure on gas prices u.s. prices for gas and one third of those in europe now it's not the case that this is going to be replicated exactly in europe however it is coming it is going to put more pressure on european prices we've already seen gas problems customers here. demanding really price cuts and in many cases getting them and i think that's probably going to face more of that in the future long before it...
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pension funds in the u.s. are trying to manage the volatility of the funding levels, generating return. think of where the average u.s. pension fund is trying to again rate a return from 6.5% to 8%. >> it's not so much that they're concerned about a looming tax hike that might affect their portfolios as it is about the uncertainty that the cliff represents, that chinese economy represents, and that europe represents. >> totally. so they have two decisions. on the risk hedging they have to look where yield is going worldwide. that's the price of ensuring their liabilities. at the same time diversification is the other avenue, generating return. rather than awarding historically high allocations toward equities, move towards alternatives. >> not necessarily bonds -- >> i would say absolutely. on bonds it could be high yield investment grade bonds. it could be emerging market debt but it is more about diversifying away from the traditional allocation to i would say developed market equities. >> let me ask a quest
pension funds in the u.s. are trying to manage the volatility of the funding levels, generating return. think of where the average u.s. pension fund is trying to again rate a return from 6.5% to 8%. >> it's not so much that they're concerned about a looming tax hike that might affect their portfolios as it is about the uncertainty that the cliff represents, that chinese economy represents, and that europe represents. >> totally. so they have two decisions. on the risk hedging they...
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u.s. sending out nearly 2,000 new spies. next we'll tell you their prime targets -- hint -- and the price tag for you, the taxpayer, will be paid for by tax hikes on the rich. >>> the cnbc real-time exchange market snapshot is sponsored by -- i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they sh
u.s. sending out nearly 2,000 new spies. next we'll tell you their prime targets -- hint -- and the price tag for you, the taxpayer, will be paid for by tax hikes on the rich. >>> the cnbc real-time exchange market snapshot is sponsored by -- i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas...
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and whether it's the u.s. fiscal cliff, people negotiating in greece, or in the uk when finance ministers say, oh, there's a catastrophe around the corner, there usually isn't. and saying that makes things worse. one can't deny there could be a set of circumstances in which the bond vigilantes wake up and say dumpster link. but at the moment there's no reason to think that's been happening. sterling has been stable for three plus years now since the end of '08. interest rates remain low. plenty of opportunity for capital to leave the uk. it's not. and meanwhile the growth strategy is missing because the tax strategy is in-company here ept. in the end, austerity is only good insofar as you're actually paying for the right things an cutting the right things. >> so we cut investment spending but haven't cut welfare spending. >> exactly. which is the wrong way around. but even then if you want to do tax cuts to stimulate the economy, why are we doing tax krets. that's been on the table forever. >> why do you think
and whether it's the u.s. fiscal cliff, people negotiating in greece, or in the uk when finance ministers say, oh, there's a catastrophe around the corner, there usually isn't. and saying that makes things worse. one can't deny there could be a set of circumstances in which the bond vigilantes wake up and say dumpster link. but at the moment there's no reason to think that's been happening. sterling has been stable for three plus years now since the end of '08. interest rates remain low. plenty...
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. >> what you're looking at here is the grant of honoring u.s. citizenship to winston churchill and of course you have there the citation signed by president kennedy and then the u.s. passport which sadly wynton churchill never used. >> so in other words, as much as churchill loved america, america loved churchill. >> absolutely. and that really is what this exhi business is all about. >> churchill was a great reader and writer of history. he engaged with history. and that's with american history just as much as european history. >> so the bromance between fbr and winston is one of people's favorite stories in the second world war. and here it is, a present from roosevelt to churchill in his 70th birthday. what exactly is it. >> these are lines by abraham lincoln that roosevelt will sent churchill for his 70th birthday and a wonderful inscription where he has written at the bottom for winston on his birthday, i would go even to-- to within him again. >> and church sill someone who lived by his pen. his whole career is underpinned by writing. >> h
. >> what you're looking at here is the grant of honoring u.s. citizenship to winston churchill and of course you have there the citation signed by president kennedy and then the u.s. passport which sadly wynton churchill never used. >> so in other words, as much as churchill loved america, america loved churchill. >> absolutely. and that really is what this exhi business is all about. >> churchill was a great reader and writer of history. he engaged with history. and...
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it u.s. builders boosted construction spending in october of the most of five months, led by housing. strong all sales from ford and chrysler. u.s. manufacturing shrinks to its lowest level since july of 2009, first month after a recession. this is shaving off the gains that we had. >> delta airlines is in talks to buy a 49% stake in virgin atlantic airways. those shares are currently owned by singapore airlines. the mold is in an effort by delta to boost its international operations. particularly between new york and london. a number of mergers in recent years has reshaped the airline industry and analysts say that high oil prices may even lead to more takeovers in the years to come. >> 20 years ago today a man named neil papworth said the first ever text message. he used a computer terminal to send a message merry christmas to a colleague cell phone. taxing is now the single most widely used application in the world. a 1% a mobile phone users send text messages. here is a live look pitcher
it u.s. builders boosted construction spending in october of the most of five months, led by housing. strong all sales from ford and chrysler. u.s. manufacturing shrinks to its lowest level since july of 2009, first month after a recession. this is shaving off the gains that we had. >> delta airlines is in talks to buy a 49% stake in virgin atlantic airways. those shares are currently owned by singapore airlines. the mold is in an effort by delta to boost its international operations....
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in the head in the seventy's and eighty's when it was you know two and a half dollars a cubic meter u.s. dollars was about a dollar a quarter by. people are making more than it was for six fifty six cents or sixty cents or if they say a dollar but no one in this program goes on much they pay for water and certainly that's very interesting the only way to so we have to be going to mine or in washington shows is michael eisner you want to jump in there go ahead yeah i think it's we should say that to some extent it is appropriate that water is politicized and that's because there really is some potential for a conflict over water at some point not necessarily today but sometime down the road take south asia this is a region that i focus on more than any other region very few countries get along and most of the region share is rivers india and pakistan of course share the indus and india china bala dash they share rivers and it's very very easy for a country and operate parian country to take some sort of punitive measure such as for example hypothetically cutting off river flows to the co
in the head in the seventy's and eighty's when it was you know two and a half dollars a cubic meter u.s. dollars was about a dollar a quarter by. people are making more than it was for six fifty six cents or sixty cents or if they say a dollar but no one in this program goes on much they pay for water and certainly that's very interesting the only way to so we have to be going to mine or in washington shows is michael eisner you want to jump in there go ahead yeah i think it's we should say...
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and you could argue that the u.s. could actually be benefitting right now because as rich grizz, we'r countries go, we're doing pretty well. this is still a very good place to invest. but there is a tremendous amount of uncertainty in our political process. i would say one other thing on the point of taxes. it's not just about math-- although i agree with mark's points. the bush tax increases on the upper income folks in the u.s. are about 5%. but they haveave big social impact because i think, again, you can look at europe and see what happens when you try to do austerity and don't have social cohesion and buy? and a feeling that everyone is doing their part. >> schieffer: mark. >> you know, my view is that these are really big issues we're trying to nail down here. this is entitlement reform, medicare, med karkd social security, the tax code. it would be lard for me to believe we could come to kumbaya over these poornz it is part of the process. it is quite amazing the way the policy makers designed this. i absolute
and you could argue that the u.s. could actually be benefitting right now because as rich grizz, we'r countries go, we're doing pretty well. this is still a very good place to invest. but there is a tremendous amount of uncertainty in our political process. i would say one other thing on the point of taxes. it's not just about math-- although i agree with mark's points. the bush tax increases on the upper income folks in the u.s. are about 5%. but they haveave big social impact because i think,...
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so a good, positive, solid story for the u.s. on shale gas. >> talking about the u.s. and the uk, one of the world's largest airlines trying to get a footprint over there. i don't know, our airlines aren't quite as good as the ones overseas. what's going on with virgin airways? >> it's a fascinating story, this. i mean, delta seems like they've played a trump card here. we'll just have to see whether this deal goes all the way. back in 2000, we saw richard branson -- sir richard branson -- selling 49% of his virgin airline group to singapore airlines. singapore now trying to sell that. they paid nearly $1 billion for it in 2000. we don't have a price yet. a lot of talk about delta might be interested. part of the reason that gives them -- some of their 304 takeoff and landing slots that virgin has into london's heathrow airport. the busiest hub in the world, i think. back to you. >> well, if they get it, i hope they don't affect virgin because it's the best way to get to london. geoff cutmore live from london, we appreciate that. >>> as always, shoot us an e-mail, wayt
so a good, positive, solid story for the u.s. on shale gas. >> talking about the u.s. and the uk, one of the world's largest airlines trying to get a footprint over there. i don't know, our airlines aren't quite as good as the ones overseas. what's going on with virgin airways? >> it's a fascinating story, this. i mean, delta seems like they've played a trump card here. we'll just have to see whether this deal goes all the way. back in 2000, we saw richard branson -- sir richard...
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america prides itself on being a melting pot the country where thousands flocked for a better life but u.s. immigration policy me put an end to all that my you know question r.t. and just after the break our trade talks to trade union leader bob crow who explains why the u.k. should expect a tough winter of industrial action. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realized everything you thought you knew you don't know i'm tom harpur welcome to the big picture. welcome to. science technology innovation all the news developments from around russia we've got the future covered. the news a secret laboratory to mccurdy was able to build a new its most sophisticated robot which fortunately doesn't give a darn about anything tunes mission to teach music creation why it should care about humans and world this is why you should care only on the dot com. mission. critic ation free in-store charges free. range month free. free. free. download free blogs just plug in video for your me
america prides itself on being a melting pot the country where thousands flocked for a better life but u.s. immigration policy me put an end to all that my you know question r.t. and just after the break our trade talks to trade union leader bob crow who explains why the u.k. should expect a tough winter of industrial action. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realized...
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coming up in a few moments a journey through some truly deadly train as we take you to a u.s. military bombing range stay with. the sun rises over what seems like and lowest forest but here in new directions cry for hundred kilometers north of light of all storm as in much of the world it's disappearing at a catastrophic rate. bloggers both illegal and those finding ways to outsmart the system for filing down the forests of the more skewed region for them profit goes well beyond the future of our planet and the result could be an ecological crisis the world wildlife fund for nature makes regular trips to help local rangers do what little they can to stop the logging but it's not easy logger set up trucks making them hard to reach in an already rough terrain and have mastered ways to jump through legal loopholes this is a nature reserve we're only sanitary logging of disease trees is allowed according to law and not a single berry can be picked but loggers like this use their sanitary logging permit to cut down absolutely healthy trees and sell the profitable timber over the bo
coming up in a few moments a journey through some truly deadly train as we take you to a u.s. military bombing range stay with. the sun rises over what seems like and lowest forest but here in new directions cry for hundred kilometers north of light of all storm as in much of the world it's disappearing at a catastrophic rate. bloggers both illegal and those finding ways to outsmart the system for filing down the forests of the more skewed region for them profit goes well beyond the future of...
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tree but these can be achieved without a compromise between the interests of the u.s. and russia to be solicitor for today he is very important because of course a part of the energy subject to that would be a discussion on the carcasses of central asia and especially the syrian situation so arrogant as to take into account the russian position as much as the us while being an ally with nato and kind of do please the countries in the gulf of which are big points that we're looking at the u.s. position america says any use of. chemical weapons by syria would cross a red line for the administration what exactly do they mean by that a possible full military intervention. yes this is so of course it's afraid that goes around now for some time we have seen it in september. and that should have the pentagon saying that the movements of these stockpiles if within syria beyond the usual movements in the sites which are known. i do not feel that the western countries in spite of your demands you gene kranz of the u.k. would be ready to have admitted to an intervention with boot
tree but these can be achieved without a compromise between the interests of the u.s. and russia to be solicitor for today he is very important because of course a part of the energy subject to that would be a discussion on the carcasses of central asia and especially the syrian situation so arrogant as to take into account the russian position as much as the us while being an ally with nato and kind of do please the countries in the gulf of which are big points that we're looking at the u.s....
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to the u.s. army private accused of passing classified material to wiki leaks has spoken for the first time since his arrest at a pretrial hearing bradley manning says constantine's id attacks made him consider suicide during his two years in detention he went through the longest pretrial detention of a u.s. soldier since the vietnam war as he was held for more than nine hundred days chase made our lawyer and author of a book on manning says even members of the military are supporting the prison and private. oh the kid in the military and intelligence and law enforcement is quite divided about this i'm not going to lie most people in the military have a very strict by the book attitude towards many of the rules not all the rules but many and would like to see many convicted but i have talked with infantry one of whom who is caught on camera at that infamous collateral murder how a cup your video who sees bradley manning is hero who sees the leaks of the iraq war logs including that helicopter vid
to the u.s. army private accused of passing classified material to wiki leaks has spoken for the first time since his arrest at a pretrial hearing bradley manning says constantine's id attacks made him consider suicide during his two years in detention he went through the longest pretrial detention of a u.s. soldier since the vietnam war as he was held for more than nine hundred days chase made our lawyer and author of a book on manning says even members of the military are supporting the...
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the u.s. and europe over israel's plan to build new settlements. >> the german government comes under fire for the alleged plan to sell tanks to saudi arabia's authoritarian rulers. >> happy birthday, sms. it is the 20th anniversary of the text message. >> israeli ambassadors have been summoned to various european capitals to face criticism over israel's plans to build homes in the west bank. the u.s. also slammed the mood as -- move as "especially damaging." >> israel's prime minister remains especially defiant. they announce the plans to build homes on friday in response to the plan to upgrade palestine to a non-member state. in the israeli ambassador -- >> israeli ambassador daniel taub. paris and berlin called in israeli envoys to express their opposition. they say that israel is sending an negative message in the midst of national -- international peace efforts. >> israel is undermining competency -- confidence. >> israel says it will build 3000 settler homes in eastern jerusalem and the
the u.s. and europe over israel's plan to build new settlements. >> the german government comes under fire for the alleged plan to sell tanks to saudi arabia's authoritarian rulers. >> happy birthday, sms. it is the 20th anniversary of the text message. >> israeli ambassadors have been summoned to various european capitals to face criticism over israel's plans to build homes in the west bank. the u.s. also slammed the mood as -- move as "especially damaging."...
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miller and marco rubios just to name a few and klinsmann who is in class and as a head coach of the u.s. a team who are playing a friendly with russia had a few simple words of advice one thing certainly you need to give young players opportunities to play and to get experience is second you need to introduce the same methods and the same style of how you want to play one day if your junior levels are under twenty one to eighteen under seventeen need to be integrated in this entire approach which we did two thousand and four so all the coaches and different age groups work the same way. the suit as usual fits of the kids training here a phenomenal pace would be the envy of any club side from around the world crushing those unique woman climates means for the children can train on doors for almost twelve months a year and the economy has only been open for a few months but come two thousand and eighteen it may even produce a few graduates who will try and help russia win the home world cup richard tante crossed into. and finally some of the walls best figure skaters are set to take part
miller and marco rubios just to name a few and klinsmann who is in class and as a head coach of the u.s. a team who are playing a friendly with russia had a few simple words of advice one thing certainly you need to give young players opportunities to play and to get experience is second you need to introduce the same methods and the same style of how you want to play one day if your junior levels are under twenty one to eighteen under seventeen need to be integrated in this entire approach...
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the u.s. voiced mounting concern about activity at syrian government sites storing chemical weapons. this afternoon, president obama warned syrian leader bashar al- assad not to cross that line. oday i want to make it absolutely clear to assad and those under his command, the world is watching. the use of chemical weapons is and would be totally unacceptable. and if you make the tragic mistake of using these weapons, there will be consequences. and you will be held accountable. >> sreenivasan: in response, syria's government released a statement saying it would never use chemical weapons on its own people. the regime has never confirmed it has such weapons. there were warnings about greater curbs on the internet, as the world's nations gathered today for a summit on telecommunications. the 11-day conference in dubai is the first such review since 1988, well before the web was fully formed. the u.s. has raised concerns that china, russia, and others will seek new limits on internet access. the
the u.s. voiced mounting concern about activity at syrian government sites storing chemical weapons. this afternoon, president obama warned syrian leader bashar al- assad not to cross that line. oday i want to make it absolutely clear to assad and those under his command, the world is watching. the use of chemical weapons is and would be totally unacceptable. and if you make the tragic mistake of using these weapons, there will be consequences. and you will be held accountable. >>...
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. >> reporter: this began when supporters of prop 8 appealed the ninth u.s. circuit court of appeals in san francisco's decision to declare the measure unconstitutional. >> the court has been waiting to gather all ten of these cases together and then they are going to make some kind of decision, either grant review in some of them or all of them or none of them. they could do anything. >> reporter: cbs 5 legal expert rory little says the delay means nothing in the eyes of the court. the timeline for the appeals process will still play out the same. >> if they grant review in any of these cases, next friday, there will then be an argument scheduled sometime in march probably, possibly april. and the case will be decided by the end of june. >> reporter: if the court denies review, we could see changeses early as two weeks from now. the case will come back to the ninth circuit. once a mandate is filed, then same-sex marriage license can be issued. if they grant review, the status quo is maintained until the appeals process plays out. professor little says he exp
. >> reporter: this began when supporters of prop 8 appealed the ninth u.s. circuit court of appeals in san francisco's decision to declare the measure unconstitutional. >> the court has been waiting to gather all ten of these cases together and then they are going to make some kind of decision, either grant review in some of them or all of them or none of them. they could do anything. >> reporter: cbs 5 legal expert rory little says the delay means nothing in the eyes of the...
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u.s. has long believed syria has a huge stockpile of chemical weapons. now new concerns that chemical arsenal is on the move. secretary of state hillary clinton today issuing another stern warning against syria, using these weapons. the syrian foreign ministry quick to respond here saying it would not use chemical weapons against its people if it had any, but this announcement as turkey is sending warplanes to its border with syria after the syrian military bombed a nearby town of ras al-ain. you can hear that and see the smoke. this is the turkish side of the border. this is fueling more fears that more of syria's violence will spill into its neighbor to the north, being turkey. security concerns are prompting the u.n. to announce it is pulling nonessential personnel out of syria. want to bring in fran townsend, our cnn national security contributor and member of the cia external advisory committee. and, fran, good to see you. let's talk about these chemical weapons because we know that i
u.s. has long believed syria has a huge stockpile of chemical weapons. now new concerns that chemical arsenal is on the move. secretary of state hillary clinton today issuing another stern warning against syria, using these weapons. the syrian foreign ministry quick to respond here saying it would not use chemical weapons against its people if it had any, but this announcement as turkey is sending warplanes to its border with syria after the syrian military bombed a nearby town of ras al-ain....
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to down any rocket if it poses a threat and says the rocket will take a satellite into orbit but the u.s. south korea and japan claim it's carrying out intercontinental ballistic missile tests two offices died in two more were injured in northwest pakistan after an explosion at a police van the vehicles patrolling the outskirts of the city. it's unclear how the bomb was detonated the city's located in pakistan's volatile tribal region so often targeted by taliban militants. could use britain's royal family expecting a new addition it seems after the duke and duchess of cambridge announce they're expecting a baby kate middleton is reportedly. in the early pregnancy stage not yet passed the twelve point actually been admitted to a london hospital of acute morning sickness which is expected to stay for several days. cash from qatar's been flowing into france for some time the latest being a huge type to pump vital funds into struggling small businesses but the gulf states generosity is now being met with increasing high level suspicion is a let's hear a shift key for t. . france is already
to down any rocket if it poses a threat and says the rocket will take a satellite into orbit but the u.s. south korea and japan claim it's carrying out intercontinental ballistic missile tests two offices died in two more were injured in northwest pakistan after an explosion at a police van the vehicles patrolling the outskirts of the city. it's unclear how the bomb was detonated the city's located in pakistan's volatile tribal region so often targeted by taliban militants. could use britain's...
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the u.s. supreme court will take up the case of proposition 8 could come as early as this morning. we were hoping to get where friday did it not happen. they will post their decision this morning at 630. the court was scheduled to discuss the gay rights issue on friday. four justices must agree to hear the case before it can afford. if there is no decision the justices may discuss them at a future conference including one on december 7th. if they decide not to take on the issue we can wait to get word from the court as to whether there will hear the case. it struck down a marriage will resume in california. >> the national news announced the latest on the looming fiscal cliff. house minority leader nets deposing wants to vote. - vote nancy pelosi . >> with a so-called fiscal cliff and higher taxes for all americans looming. >> right now i will say we are nowhere. >> the house speaker blamed the stalemate on the obama administration. he said they are not taking republicans seriously with plans
the u.s. supreme court will take up the case of proposition 8 could come as early as this morning. we were hoping to get where friday did it not happen. they will post their decision this morning at 630. the court was scheduled to discuss the gay rights issue on friday. four justices must agree to hear the case before it can afford. if there is no decision the justices may discuss them at a future conference including one on december 7th. if they decide not to take on the issue we can wait to...
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what bush made the mistake of is that the u.s. public does not support ending or privatizing social security. there have been poll after poll about raising taxes on the 1% of the u.s. public, the wealthiest. and poll after poll shows that close to 70% of the u.s. public agrees with that. there was no poll that ever showed that the u.s. public agreed with privatizing social security. >> most americans know that a big driver of the deficit and the biggest expenses we have are entitlements. you said grover norquist house of cards may come crumbling down. is the bigger problem revenue or democrats not wanting to give big cuts on entitlement? >> no. i think the bigger problem is grover norquist if you want to know the truth. he's the bigger problem because he threatens republicans with primaries. so you had several republicans who expressed that they were willing to moderate their view and that they felt their most important pledge was to the u.s. constitution and not to grover norquist. what did grover norquist do? he took their quote
what bush made the mistake of is that the u.s. public does not support ending or privatizing social security. there have been poll after poll about raising taxes on the 1% of the u.s. public, the wealthiest. and poll after poll shows that close to 70% of the u.s. public agrees with that. there was no poll that ever showed that the u.s. public agreed with privatizing social security. >> most americans know that a big driver of the deficit and the biggest expenses we have are entitlements....
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the worry of the u.s. is latest movement signals they are preparing to put their weapons in a position to attack. whether they'll go ahead with it remains to be seen. why would they even be doing it right now? >> i think americans are familiar with hearing about saddam hussein's weapons. >> this is different. >> it is not the same. they're sophisticated. they have surface to surface. they have viable weaponry in this country. >> they have a huge stockpile. they have viable weaponry. it is widely dispersed across the country. there is a threat as secretary clinton said of u.s. military or action by other militaries in the region but what would they do about it? all of this stuff is mixed in with civilian populations. you can't strike from the air and, you know, kill a bunch of civilians. it becomes a very difficult problem. you can say red line but what do you do about it? >> to say red line, what does that mean? if we haven't been willing to do anything about the carnage that we have been witnessing for mo
the worry of the u.s. is latest movement signals they are preparing to put their weapons in a position to attack. whether they'll go ahead with it remains to be seen. why would they even be doing it right now? >> i think americans are familiar with hearing about saddam hussein's weapons. >> this is different. >> it is not the same. they're sophisticated. they have surface to surface. they have viable weaponry in this country. >> they have a huge stockpile. they have...
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the u.s. and germany are the only countries that reduced their emission. and the twilight saga "breaking dawn part ii" still rules at the box office. the vampire flick took top honors for the third week in a row bringing in $17.4 million. "skyfall" came in a very close second with $17 million and in third place, spielberg's "lincoln" barely beat out "rise of the guardian." i have a date for that movie. >> a lot of good movies at the box office for the kids and adults. >> absolutely. >>> coming up your monday morning weather and in sports, is he lucky or just good? down to his final option the colts andrew luck socks the lions with no time on the clock. colts andrew socks the lions with no time on the clock. want to give your family more vitamins, omega 3s, and less saturated fat? it's eb. eggland's best eggs. better taste. better nutrition. better eggs. it's eb. is efficiently absorbed in small continuous amounts. citracal slow release continuously releases calcium plus d with efficient absorption in one daily dose. citracal slow release. with efficient ab
the u.s. and germany are the only countries that reduced their emission. and the twilight saga "breaking dawn part ii" still rules at the box office. the vampire flick took top honors for the third week in a row bringing in $17.4 million. "skyfall" came in a very close second with $17 million and in third place, spielberg's "lincoln" barely beat out "rise of the guardian." i have a date for that movie. >> a lot of good movies at the box office for...
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u.s. stock futures up after positive data overnight on china's manufacturing sector. the s&p 500 up more than 12% since the start of the year. >> and there is a lot of key mi economic data this week. u.s. auto sales, manufacturing, construction, spending numbers today, plus a crucial update on the health of the labor market on friday through the big november jobs report. of course, investors will be watching fiscal cliff negotiations in washington all week long. >>> ford is issuing recalls for two of its newest and biggest-selling models. the 2013 escape crossover and the 2013 fusion sedan. ford is urging owners to contact their dealers as soon as possible because the eco boost engines can overheat and catch on fire. the recall effects nearly 90,000 vehicles. >>> autism, bing eating, mod disorders and hoarding are being changed in the bible of psychiatry. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get
u.s. stock futures up after positive data overnight on china's manufacturing sector. the s&p 500 up more than 12% since the start of the year. >> and there is a lot of key mi economic data this week. u.s. auto sales, manufacturing, construction, spending numbers today, plus a crucial update on the health of the labor market on friday through the big november jobs report. of course, investors will be watching fiscal cliff negotiations in washington all week long. >>> ford is...
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and while the u.s. faces a fiscal cliff, which hopefully we can avoid, europe faces a financial cliff because the u.s. has restructured its financial institutions and europe has not. what about the practical implications of that fact? >> well, i think -- i mean, that is a big ongoing dilemma, but i think the thing that people are understandably relieved about, and here is a super mario moment, this spiral between sovereigns and the house of banks appears famous last words, but being broken a bit in europe. and that is definitely a -- so the absolute worst appears to have been taken out of the oh kwagz. but, you happen, obviously europe is years behind the u.s. in terms of reforming its private sector financial system and those continue to be an issue going forward. but i quickly have linked to what i said before. i know investors are looking at investing in european financials and haven't dreamt of that for years. that's a mood that has grown in the past couple of weeks. >> it's steve mcmahon. would you
and while the u.s. faces a fiscal cliff, which hopefully we can avoid, europe faces a financial cliff because the u.s. has restructured its financial institutions and europe has not. what about the practical implications of that fact? >> well, i think -- i mean, that is a big ongoing dilemma, but i think the thing that people are understandably relieved about, and here is a super mario moment, this spiral between sovereigns and the house of banks appears famous last words, but being...
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the monitoring will be done in coordination with u.s. forces. defense officials in seoul are also considering raising the country's alerstatus by one notch. japan's self-defense forces are on the alert in advance of this possible missile launch. the maritime sdf vessel carrying pac-3 missile interceptors has left its home port in hiroshima bound for okinawa. the pac-3 surface-to-air missiles are capable of shooting down debris should it come near the ground. the interceptors will be placed at several sites in okinawa. defense ministry officials expect the missile's flight path could take it over the islands of okinawa. commanders say they'll deploy aegis cruisers in those waters. they say they would only react if debris from a missile fell over japanese territory. >>> investigators are trying to understand why a highway tunnel near tokyo collapsed. panels on the tunnel's ceiling gave way, trapping people inside. nine people were killed. the accident happened sunday morning along a highway connecting tokyo to other parts of central japan. operato
the monitoring will be done in coordination with u.s. forces. defense officials in seoul are also considering raising the country's alerstatus by one notch. japan's self-defense forces are on the alert in advance of this possible missile launch. the maritime sdf vessel carrying pac-3 missile interceptors has left its home port in hiroshima bound for okinawa. the pac-3 surface-to-air missiles are capable of shooting down debris should it come near the ground. the interceptors will be placed at...
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u.s. dollar weakened on optimism over greek and chinese data. the move cement the euro to a -- sent the euro to a six week high. david: let's talk copper for the moment, of course, that's really tied into world growth. it climb today a six week high. this is on signs that there may be some more demand coming for the metal from china and the u.s. as well. as both of our economies begin to churn a little more than expected. the top two copper-consuming countries. >> and following auto sales today, a number of derivatives plays hitting 52-week highs. cooper tire and rubber, genuine parts and carmax taking a hit in today's session. david: all right. and we told you about that breaking news on jpmorgan whale trader, a $5 billion loss for the company. the senate has been investigating. peter barnes with the latest on that investigation. peter? >> reporter: well, that's right, david. the senate, a senate investigation subcommittee has questioned more than 80 people in its probe of $5.8 billion in
u.s. dollar weakened on optimism over greek and chinese data. the move cement the euro to a -- sent the euro to a six week high. david: let's talk copper for the moment, of course, that's really tied into world growth. it climb today a six week high. this is on signs that there may be some more demand coming for the metal from china and the u.s. as well. as both of our economies begin to churn a little more than expected. the top two copper-consuming countries. >> and following auto sales...
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you do not want to play with the u.s. economy. not raising the debt ceiling can create all kinds of problems. it could potentially make the u.s. currency no longer the world currency. that means some of the benefits we enjoy in this economy would disappear. host: jerome, democrat, go ahead. caller: thank you for c-span. my comment is all of the payroll taxes are computed on the gross pay. it seems each tax figured on the gross pay after the first one becomes a tax on a tax. guest: you are right that social security taxes are applied based on the total amount of income in terms of your wage income or paycheck. i did not totally understand the second part of the question, but i would say it serves a security payroll taxes are important. they are regressive. they are a flat tax on wages. the other problem with social security taxes is other areas are not subject to social security taxes. income from investments are not subject to that. it used to be 90% of one's income was taxed by social security or hit by the payroll tax. now we're
you do not want to play with the u.s. economy. not raising the debt ceiling can create all kinds of problems. it could potentially make the u.s. currency no longer the world currency. that means some of the benefits we enjoy in this economy would disappear. host: jerome, democrat, go ahead. caller: thank you for c-span. my comment is all of the payroll taxes are computed on the gross pay. it seems each tax figured on the gross pay after the first one becomes a tax on a tax. guest: you are right...
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is not a member of this house, to say that the pledge that people should honor is the pledge to the u.s. constitution and not the pledge to grover norquist. >> speaker boehner was on fox news on sunday, and he says as he described negotiations, we're nowhere, period. we are nowhere. 29 days to go. we have some analysts such as our first read team that say the real negotiations won't begin until mid-november. already you have wall street and everyday people bracing for another 11th hour situations. how would you categorize where things stand right now 29 days out? >> well, i think 29 days in politics, as you know, is a very long time. i actually feel confident that we will reach a proposal. i say that because i know speaker boehner and his caucus does not want taxes raced on every single person in the united states. there is a proposal sitting in our house right now passed out of the senate that would maintain the cuts for 98% of the u.s. population. >> we will talk about that a little later in a move that was mentioned by nancy pelosi. you express confidence, however, you have words lik
is not a member of this house, to say that the pledge that people should honor is the pledge to the u.s. constitution and not the pledge to grover norquist. >> speaker boehner was on fox news on sunday, and he says as he described negotiations, we're nowhere, period. we are nowhere. 29 days to go. we have some analysts such as our first read team that say the real negotiations won't begin until mid-november. already you have wall street and everyday people bracing for another 11th hour...
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remember, whereas we've paid a lot of money to cut our carbon emixes the u.s. is cutting more by using fracked gas cut more than europe and-- >> environmentalists don't want fracking, the water and the-- >> there are problems with fracked gas, but amaze lig green option for the next ten years and that's one thing that europe doesn't get. and china and india do. stuart: move to america and fracking and-- >> thank you very much indeed, sir. new at 10, listen to this, united states the land of opportunity, oh, yes, for some chinese tourists they're take full advantage of the hospitality. a so-called maternity hotel where chinese mothers are paying to stay and have their babies, instant citizens. good story and it's new at 10. also, time is money, as you well know. so, here in 30 seconds is what else we're watching for you. the tax the rich crowd has gone too far. one column this morning is calling for the elimination or at least the deduction or certainly the limitation of the deduction for charitable donations. because it benefits the rich too much. get that? we'
remember, whereas we've paid a lot of money to cut our carbon emixes the u.s. is cutting more by using fracked gas cut more than europe and-- >> environmentalists don't want fracking, the water and the-- >> there are problems with fracked gas, but amaze lig green option for the next ten years and that's one thing that europe doesn't get. and china and india do. stuart: move to america and fracking and-- >> thank you very much indeed, sir. new at 10, listen to this, united...
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u.s.-led efforts to try to track down and eliminate loose nuclear weapons. that's coming up. >>> also, frightening now revelations about an al qaeda plot for a three-part terror attack on the united states embassy in iman, jordan. i'll ask the country's foreign minister for details. he's standing by live. i'm wolf blitzer. you're in "the situation room." >>> we begin this afternoon with brand-new republican offers to try to save the $2.2 trillion and avoid the so-called fiscal cliff. the across-the-board spending cuts and sharp tax increases that hit in just 29 days. let's get straight to our senior congressional correspondent dana bash. she's watching what's going on. dana, the tax rates, first of all, let's get to a major sticking point right now. there's been a counterproposal from house republicans to the white house. you have details. >> reporter: that's right. let's start exactly where you just began on those tax rates because that has become the big divide between the two sides. the
u.s.-led efforts to try to track down and eliminate loose nuclear weapons. that's coming up. >>> also, frightening now revelations about an al qaeda plot for a three-part terror attack on the united states embassy in iman, jordan. i'll ask the country's foreign minister for details. he's standing by live. i'm wolf blitzer. you're in "the situation room." >>> we begin this afternoon with brand-new republican offers to try to save the $2.2 trillion and avoid the...
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as soon as that u.s. economic data came back, we took away most of those gains, and got back even on the day. all we're up on now, of course, is the concern, of course, about the middle east right now. the big news, of course, in the soybeans today, another three week high today on beeps, strong economic data means the chinese buy beans in december. the better the economy, the more beans they buy. bean traders love to hear that. up on the day. back to you. dennis: thank you. tracy: coming up, may have the one retail analyst in all america who still likes jcpenney. i want to know why. dennis: amazon and ups have jobs available now. why don't they have anyone to fill them? tracy: first how the world currencies are faring against the dollar as we head out to break. ♪ >> 22 minutes past the hour, i'm lauren green with the fox news minute. north korea planning a long range rocket launch this month despite international warnings. the first stage of the rocket put in place suggesting a launch could be next wee
as soon as that u.s. economic data came back, we took away most of those gains, and got back even on the day. all we're up on now, of course, is the concern, of course, about the middle east right now. the big news, of course, in the soybeans today, another three week high today on beeps, strong economic data means the chinese buy beans in december. the better the economy, the more beans they buy. bean traders love to hear that. up on the day. back to you. dennis: thank you. tracy: coming up,...
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conditions happen in the u.s. each and every year. martha: belcher is not the first nfl player to recently take his life. junior say oh and dave diewr on both died of self-inflicted gunshot wounds. we'll talk to jim coming up in the next hour. >> 6 minutes past the hour. former president george herbert walker bush waking up in a houston hospital. said to be in stable condition being treated for a bronchitis-related cough. he's 91 years old. he has been visited by several of his children including former president george w. bush. hopefully he will be going home very soon. martha: there are around the clock demonstrations in egypt as president morsi and the muslim brotherhood push through a hard-line islamist constitution. morsi supporters blocked them from entering the courthouse in order to give a ruling on this constitution. steve harrigan joins us from there. where do we stand now with this constitutional court having no ability to rule at this point? >> reporter: the most unusual situation in cairo where you have egypt's top court
conditions happen in the u.s. each and every year. martha: belcher is not the first nfl player to recently take his life. junior say oh and dave diewr on both died of self-inflicted gunshot wounds. we'll talk to jim coming up in the next hour. >> 6 minutes past the hour. former president george herbert walker bush waking up in a houston hospital. said to be in stable condition being treated for a bronchitis-related cough. he's 91 years old. he has been visited by several of his children...
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jpmorgan chief u.s. economist, michael feroli. futures up 60. back in a minute. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. ♪ >> seven minutes until the bell. let's get cramer's mad dash on this monday morning. first trading day of december. jim, people are watching apple because the 50% retracement of the correction is at 605. so we
jpmorgan chief u.s. economist, michael feroli. futures up 60. back in a minute. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more...
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this is the u.s. economy. and everybody knows we need to come together with a joint solution that works both the revenue side and the expense side. so i'm confident we're going to work it out. >> steve: we saw lindsey graham on one of the chat shows yesterday. he had, i think we're going over the cliff! it sounds like you are much more optimistic than lindsey graham. >> well, i just believe in america and what we're about is so important 'cause it's about economic development. it's not just solving the fiscal cliff issue. that's just a near term issue. but that solution needs to create a business environment that allows businesses to grow because we're only expanding 2% gdp. we need at least 3 1/2, 4% to bring down unemployment. so we are fighting for the soul of america. >> steve: 'cause you need to help the economy and sell cars, too. >> that's an important part, to because next to our homes, the purchases -- it's always a lead indicator. >> gretchen: you would know, and this is why you were invited, because
this is the u.s. economy. and everybody knows we need to come together with a joint solution that works both the revenue side and the expense side. so i'm confident we're going to work it out. >> steve: we saw lindsey graham on one of the chat shows yesterday. he had, i think we're going over the cliff! it sounds like you are much more optimistic than lindsey graham. >> well, i just believe in america and what we're about is so important 'cause it's about economic development. it's...
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it brings us -- the attacks against u.s. ambassador to the u.n. temperament had been so subtle as to obscure their illegitimacy. "the daily caller" rode into the rescue with a scoop about dr. rice's collegiate effort to africate your student. it talks about the importance of teaching black history in american schools. [ ♪ dramatic ♪ ] >> shocking. >> stephanie: in this game, the password is uppity. central to the book's ambition was re-claiming lost black achievements and giving black children pride in their history. what? [ screaming ] >> white kids can't be proud of black history? >> stephanie: no, that was her plot when she was a college student. [ ♪ dramatic ♪ ] >> frederick douglas. >> he's a negro. >> stephanie: oh boy. all right. 45 minutes after the hour. right back with the remaining moments of "the stephanie miller show." >> that woman's about as supple as a rhinoceros horn at the back side. >> announcer: it's "the stephanie miller show." i think the number one thing that viewers like about the young turks is that we're honest. t
it brings us -- the attacks against u.s. ambassador to the u.n. temperament had been so subtle as to obscure their illegitimacy. "the daily caller" rode into the rescue with a scoop about dr. rice's collegiate effort to africate your student. it talks about the importance of teaching black history in american schools. [ ♪ dramatic ♪ ] >> shocking. >> stephanie: in this game, the password is uppity. central to the book's ambition was re-claiming lost black achievements...